Shares of Playa Hotels & Resorts NV PLYA dropped 6.6% toward a four-month low in afternoon trading Monday, in the wake of a double downgrade by BofA Securities analyst Shaun Kelley, who recommended investors sell. The stock has tumbled 13.7% amid an eight-day stretch in which it has declined seven times. Kelley swung to a sell rating from a buy.
6% toward a four-month low in afternoon trading Monday, in the wake of a double downgrade by BofA Securities analyst Shaun Kelley, who recommended investors sell. The stock has tumbled 13.7% amid an eight-day stretch in which it has declined seven times. Kelley swung to a sell rating from a buy.
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